Grassroutes Entertainment Ltd (Comedy Crowd TV)

Grassroutes Entertainment Ltd (Comedy Crowd TV)

We are an exciting comedy content platform, showcasing the best talent from our global leading community of over 8,000 grassroots comedy creators. We have a live platform with thousands of users, paying subscribers of our channel and a global distribution partner.

Concept

Comedy Crowd TV is an exciting new comedy content platform, showcasing the best talent from their huge global community of over 8,000 comedy creators.

Traditional studios work with a handful of creators, which means a handful of new ideas and hoping past success will lead to future hits.

Comedy Crowd TV work with thousands, crowdsourcing the best content and discovering exciting new talent first.

Proven content is screened on their subscription channel and via media partners. They have a live platform with paying subscribers and a global distribution partner.

Comedy Crowd TV's mission is discovering and showcasing the best new comedy creators from all backgrounds, bringing original content to fans and opening opportunities for undiscovered talent.

Investment Bonuses

In addition to getting shares in Comedy Crowd, investors will receive the following additional benefits depending on their investment level.

Key Achievements

Built the world's largest community of 8,000+ independent comedy creators

Launched revenue generating channel and community platform in 2019

Global distribution partner in place with an audience of 350m+ users

Team of 3 founders with professional finance, legal and startup background

Publicly recommended by the likes of the BBC

Featured in...

Market

Subscription video on demand is a rapidly growing market, estimated to reach $40bn by 2022, with many big-name players entering and looking for content including the likes of Britbox, Disney, Amazon, NBC, Apple.

At the same time habits are changing as people watch more on-demand content on smaller devices rather than TV screens, opening opportunities for businesses such as Telco’s and transport services to showcase video content to audiences.

All of which means there is a huge and growing demand for original content with a proven audience, an opportunity that the team believe they are uniquely placed to exploit with a channel discovering and showcasing the best new talent first.

*By distributing content - we mean distributing to other businesses B2B, so entering into revenue share, commission or retainer arrangements with other media businesess for their content.

The Exit

Comedy Crowd TV aims to be the home for discovering new comedy talent, generating regular, exciting new content. The plan is to grow through distribution deals and working with increasingly high profile creators to the point where we are a mainstream channel with millions of viewers across multiple networks and devices in 3-5 years time. At this point, they believe they will be a prime acquisition target for major channels, production companies and media businesses.

There are many recent examples of original content generating channels being bought by larger channels, established production companies and media businesses*. Comedy Crowd TV hopes to be ideally placed in 3-5 years time to be an exciting acquisition target for these businesses. The company is looking to expand the in-house creative team and work with marketing specialists to promote the content. A key focus is on building the right advisory board to open doors for more brand and distribution partnerships.

* AMC acquires RLJ Entertainment in 2018 for approx $60m. RLJ operates two internet video subscription services: Acorn TV, which features British television and film content, and UMC (Urban Movie Channel)

Investment

The company is seeking £140k of SEIS investment in exchange for 10% equity. In 12 months they plan to have a catalogue of proven comedy series produced with the best creators and major partnerships secured commissioning exciting new comedy.

Risk Warning & Disclaimer

None of the information in any documents that you request from the entrepreneur constitutes part of the campaign and it has not been reviewed or approved by 360-Equity Limited (“360Equity”). Access to restricted documents can only be granted by the company upon request.

Tax treatment depends on the individual circumstances of each client and may be subject to change in the future.

Please note that any performance forecasts indicated on this web page is not a reliable indicator of future performance.

This campaign for Grassroutes Entertainment Ltd (Comedy Crowd TV) has been approved by 360-Equity Limited (“360Equity), as of 10 Mar, 20 as a financial promotion. 360Equity is authorised by the Financial Conduct Authority as an Appointed Representative (FRN 922607) of Capital Plus Partners Limited (FRN 189495). In approving this campaign, 360Equity has concluded that the information, taken as a whole, is "fair, clear and not misleading." This means that for factual statements we have reviewed evidence of their accuracy, and that for aspirational statements we believe they are phrased appropriately in light of their speculative nature. You should note that in the case of factual statements, the evidence we review is provided by the business, and we do not audit it, which means that we may not be able to identify forged or altered evidence. You should further note that in the case of aspirational statements, the nature of the type of businesses presented on the 360Equity platform is such that they are likely to have high ambitions, and we may approve statements that convey those ambitions even where we do not believe, or we do not have a view on whether it is likely, that they will be fully realised. The pre-money valuation and investment sought in the campaign are those set by the business: they are not reviewed or established by us, and the valuation is not an independent view of what the business is worth. Given the nature and type of businesses presented on the 360Equity platform, it is possible that the business has very little cash remaining prior to receiving this investment, and the investment sought may be necessary for the business's on-going existence.

The Discussion Forum and any additional documents available for download (restricted documents) do not constitute part of the campaign, and they have not been reviewed or approved by 360Equity. Any responses in the Discussion Forum and any documents downloaded on request constitute "one-off communications" and should be treated in the same way as if you had a one-on-one email conversation with the relevant entrepreneur without any involvement from us. In addition, no other information set forth outside of the campaign - including in documents provided by the entrepreneur, on the business's website, in social media profiles or elsewhere - constitutes part of the campaign, and it has not been reviewed or approved by 360Equity. 360Equity takes no responsibility for the statements made in the Discussion Forum and documents or other information provided by or about the business outside of the campaign. The information contained within this campaign may not be used - and has not been approved - for any purpose other than in considering whether you should make an investment in Grassroutes Entertainment Ltd (Comedy Crowd TV) through the 360Equity platform. Any investment in Grassroutes Entertainment Ltd (Comedy Crowd TV) carries risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future. This campaign is not an offer to the public and is only available to investors who have become authorised to invest on the 360Equity platform. All investment activities conducted in relation to this campaign take place within the United Kingdom and any persons resident outside the United Kingdom should ensure that they are not subject to any local regulations before investing.

In accordance with Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act"), the securities described in this campaign have not been registered under section 5 of the Securities Act. The securities therefore may not be offered or sold in the United States or to U.S. persons (other than distributors) unless the securities are registered under the Securities Act or are exempt from registration under the Securities Act. Hedging transactions involving the securities may not be conducted unless in compliance with the Securities Act.